Vicki Bogan's research interests are in the areas of financial economics, behavioral finance, and applied microeconomics centering on issues involving investment decision making behavior and financial markets. She explores questions relating to investment decision making (corporate and individual) and household portfolio allocation with the goal of shedding light on how to better model observed behavior. Bogan received her PhD. in Economics from Brown University. She also holds and MBA in finance and strategic management from the Wharton School of the University of Pennsylvania and a BS in applied mathematics and economics from Brown University.

Abstract: We investigate whether the gender composition of a fund management team influences investment decision making behavior. Using an experimental economics approach, we examine the relationship between gender diversity and investment decisions. We find evidence that a male presence increases the probability of selecting a higher risk investment. However, the all male teams are not the most risk seeking. Moreover, having a male presence increases loss aversion. In the context of workforce composition, these results could have important implications for team investment decisions driven by the assessment of risk and return trade-offs.